TSX winners Aug. 21-25 include Cameco, Teck, Perpetua and Laramide
Over the Aug. 21-25 trading period, the S&P/TSX Composite Index added 17.36 points or 0.09%, to 19,835.75. The S&P/TSX Global Mining Index inched up 1.73 points or 1.7% to 102.88…
2023
TSXV dips 0.7% over Aug. 21-25, but IsoEnergy, Founders Metals shine
The S&P/TSX Venture Composite Index retreated by 4.11 points or 0.7% over the Aug. 21-25 trading session, ending at 581.23. Uranium explorer IsoEnergy (TSXV: ISO) was the week’s top value…
NYSE trading diverges Aug. 21-25 as investors consider rate hike vs economic growth
United States markets gained and fell by the week’s end as Federal Reserve Chairman Jerome Powell said the central bank may still need to raise interest rates to control inflation…
New Found Gold drilling confirms high-grade at recently discovered K2 zone
New Found Gold (TSXV: NFG; NYSEA: NFGC) shares gained 5% on Monday on the release of new drill results from a program to expand the K2 Zone discovered in May…
Zijin mulls multi-billion expansion of Serbian copper mine
China’s Zijin Mining Group is said to be planning an expansion of its Cukaru Peki mine in eastern Serbia, as demand for copper is expected to surpass supply. According to…
Fortescue CEO Fiona Hick’s sudden departure raises eyebrows
Fortescue Metals Group (ASX: FMG) announced on Monday the unexpected departure of its chief executive officer Fiona Hick, who held the post for less than six months and who attended a…
Uranium market turn buoys Kazatomprom H1 profit
Kazatomprom (LSE: KAP), the world’s largest uranium producer, has for the six months to June reported a 25% year-on-year growth in consolidated revenue on higher sales volumes and a recovering…
Pan American Silver sees a 10% resource decline despite Yamana additions
Pan American Silver (TSX: PAAS; NASDAQ: PAAS) has recorded a 10% year-on-year decrease in its gold-equivalent reserves and resources, an analysis by Canaccord Genuity mining analyst Carey MacRury has found….
Nickel Creek Platinum shares drop as prefeasibility puts Shaw project capex at $1.7B
Nickel Creek Platinum (TSX: NCP; US-OTC: NCPCF) shares fell by 16.7% to 2.5¢ each on Friday after the company released a prefeasibility study giving its Nickel Shaw project in southwest…
Upcoming elections in near-bankrupt Argentina could finally unlock the country’s huge mineral projects
Food, energy and now minerals. In a world where competition for raw materials is only increasing, Argentina is blessed with an abundance of natural resources. But the country’s nationalist politics…
Foremost Lithium completes US$4M public offering, NASDAQ listing
Foremost Lithium Resource & Technology (NASDAQ: FMST; CSE: FAT) has completed its underwritten public offering in the United States with the sale of 800,000 units at US$5.00 each for total…
Rio Tinto starts lithium exploration on Midland’s James Bay projects
Rio Tinto Exploration Canada has started a lithium exploration program on Midland Exploration’s (TSXV: MD) Mythril area and Galinée projects in the Eeyou Itschee James Bay region of Quebec. The exploration…